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Влияние пандемии Сovid-19 на пространственную динамику продовольственных цен
[Covid-19 impact on spatial food prices dynamics]

Author

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  • Timiryanova, Venera
  • Krasnoselskaya, Dina

Abstract

External shocks affect the balance of supply and demand, and, consequently, the established price of goods. There were varying price reactions around the world in the early stages of the COVID-19 pandemic. The sharp increase in demand and prices for many goods posed threats to food security. The difference in reactions determined the regional price variance, the study of which is relevant for the formation of a regional policy of food security. The paper presents the results of the spatial change assessment in food prices in the context of the COVID-19 pandemic in Russia. We conducted analysis within 28 product groups from January 1, 2019 to March 31, 2022. Used data are considered in relation to data on the number of people infected with COVID-19 across 83 Russian constituent entities since March 12, 2020 to March 31, 2022.The study focused on the analysis of spatial variance and spatial autocorrelation of prices. The results indicated that changing trends in spatial relationships had their own peculiarities for each product. The event itself, but not an increase in the number of cases affected prices’ dynamics that subsequently indirectly influenced the functioning of commodity markets and its filling with products.

Suggested Citation

  • Timiryanova, Venera & Krasnoselskaya, Dina, 2022. "Влияние пандемии Сovid-19 на пространственную динамику продовольственных цен [Covid-19 impact on spatial food prices dynamics]," MPRA Paper 114638, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:114638
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    References listed on IDEAS

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    More about this item

    Keywords

    spatial price; spatial analysis; external shocks; COVID-19; Global Moran's Index;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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